Government approves three RIGI projects worth USD 15.4 billion

The government has approved three projects under the RIGI framework for oil and gas production in Vaca Muerta, totaling over USD 15.4 billion. Investments of this scale mean more dollars entering the country, which strengthens reserves and improves the outlook for energy stocks—such as YPF—as well as Argentine bonds.

Increased investment in the energy sector is a positive signal for the local market: it can boost sector-specific stocks and provide support to the peso by increasing the inflow of foreign currency.